Commercial Finance Manager

Who are we?

Chestnut was born from a deep-rooted love for our region; East Anglia – its people, produce and personality. Our collection of inns, pubs and restaurants celebrate their individual surroundings, to make each property unique.

We craft authentic experiences through engaging food and drink, home from home bedrooms and relaxing spaces sewn together with informal and warm service.

Role Summary:

Commercial finance manager will be responsible for overseeing the financial health & performance of chestnuts growing commercial sector. Chestnuts commercial sector includes a range of products & services that provide services to chestnut properties as well as distribution nationally & to the region.

Key Responsibilities:

1.      Business Partnering:

•  Work closely with commercial teams (sales, marketing, etc.) to provide financial insights and support.
•  Assist in pricing strategy, contract negotiations, and assessing profitability of products/services.
•  Provide advice on cost management and efficiency improvements.

2.      Performance Management:

•  Monitor key performance indicators (KPIs) related to revenue, working capital, margins, and profitability.
•  Identify and analyze trends, risks, and opportunities within the business.
•  Support the development and implementation of performance improvement initiatives.

3.      Reporting:

•   Prepare and present financial reports to senior management, highlighting key insights and recommendations.
•   Ensure accurate and timely financial reporting for commercial activities.

4.      Strategic Support:

•  Play a key role in strategic planning, including market analysis and scenario planning.
•   Support mergers, acquisitions, and other strategic initiatives by providing financial analysis and due diligence.

5.      Risk Management:

•   Identify and mitigate financial risks associated with commercial activities.

6.      Statutory Reporting:

•   Produce monthly accounts and assist within the Audit.
•   Own payment processes and collection processes. Looking for efficiency at all points.
•   Own collection processes and payment collection processes and look to develop these into central tasks.

7.      Opportunity to influence wider Business

o  Opportunity to influence within the wider finance function in an exciting portfolio of growing hospitality properties.

• Financial Acumen: Strong understanding of financial principles, accounting, and commercial finance.
• Analytical Skills: Ability to analyze complex data, identify trends, and make informed decisions.
• Business Insight: Understanding of the business environment and commercial operations.
• Communication: Excellent communication and presentation skills, with the ability to explain financial concepts to non-financial stakeholders.
• Problem-Solving: Ability to think strategically and solve problems in a dynamic business environment.
• Leadership: Experience leading a team and influencing senior stakeholders.
• Studying towards a recognized financial qualification.
• Fundamental understanding of accounting systems is essential. 

Benefits:

• Being part of a friendly, supportive team as well as integrating with an array of different staff teams from other Chestnut properties
• Enjoy both food and room discounts with friends
• Access to our exclusive Chestnut Hub which offers 100s of high street discounts
• Referral scheme (earn up to £1500 per referral)